NCUA News Release

All Hurricane Rita Affected Credit Unions Operational

September 30, 2005, Alexandria, Va. - The fifty federally insured credit unions with assets totaling $1.9 billion that were temporarily closed due to Hurricane Rita are all now reporting operational status in Louisiana and Texas. Even though some credit unions may be operating from back-up sites, members should have access to their funds.

NCUA's daily emergency toll-free hotline for Rita victims will also be available this weekend. The hotline number is 1-800-827-6282, and the agency e-mail addresses by state are:

Louisiana: RitaLA@ncua.gov

Texas: RitaTX@ncua.gov

NCUA is the independent federal agency that charters and supervises federal credit unions. NCUA, operates the National Credit Union Share Insurance Fund (NCUSIF), the Federal Fund insuring the savings of over 84 million account holders in all federal credit unions and many state-chartered credit unions throughout the U.S. and its territories. The NCUSIF is backed by the full faith and credit of the U.S. Government.